Foreclosed Condo Unit for Sale in Bayanihan Flats Mactan, Lapu-Lapu City, Cebu (Unit 3414)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed condominium unit in Bayanihan Flats Mactan, Barangay Pajac, Lapu-Lapu City, Cebu. It is Unit 3414, on the 4th floor. The unit measures 18.62 sqm.

The minimum bid price is ₱2,139,400, about ₱114,898 per sqm of floor area. In the 1st public auction, sealed offers must meet the minimum bid price, and the highest qualified offer wins when the bids are opened. There is no discount at this stage. The published offer window is Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 26, 2026 at 9:00 AM.

Pag-IBIG lists its occupancy as "occupied/closed"; any occupants would be the buyer's to deal with. The title is already in the name of HDMF (Pag-IBIG Fund). The sale is as-is, where-is, which leaves repairs and any unpaid condominium dues to the buyer, so inspect the unit before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱35,671, according to Pag-IBIG, because the amortization of about ₱12,485 a month may not exceed 35% of income. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Cebu Housing Hub is the handling office.